New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-09-16
WILLARD AND NORTHERN PACIFIC
THE COMPROMISE TICKET ELECTED.

AN APPEAL TO PREFERRED sTOcKHoLDERs-FUTuRI
POLICY OF THE COMPANY.
The annual election OF the Northern Pacific Railroad
Company yesterday bloodlcss victory for both
sides In the threatened contest Tho present manage
ment successful because the control not wrestee
from IT, and the opposition was satisfied because 1t had
obtained large representation In the board The
compromise ticket published THE TRIBUNE yesterday
elected. OF course without dissent The vote was
the largest In the companys history II probably exceed
ed 100000 shares out of total share capital Of nearly
ss7,oo0.Oo0. II Is understood that OF this amount
Henry Willard voted for himself and the Oregon and
Trancontinental Company about $4,000 shares clear
sjoriy. The result OF tho vote not made known,
however and at the closing Of the polls the stockholders
adjourned until IL O'Clock today when result will
be announced.
In the report OF tho directors. which read by
President Harris the following appeal 10 the preferred
stockholders made:
tho growing business OF the road In the last The sun
OF s422 1856 ~ expended for equipment BY the plan OF
Tho net may be applied 70 provaag
II other be PROVIDED to for the
n-eae is PAN that the net rms %
the plan of rrorranzaon that oher bonds shall
on vote Of At least prefer siock
the Dreisrrsd oSkRolrrs thai they have
true nrrss, Of the e remove thu re-
stfctioB . =, $500. =, o.. .,,,o.,
me eSmpsSy aas sresd before the
aud proper II will secure thereby the amount Of tue dv
dend certificates II the company were abb: al present 70
ter terms M the company Than IN The form Of certificate as
preferred stockholders from the restriction have been al
The road Itself nov substantially completed and all
additional the will need wiz he for te pur
Ss sag"S as TS'h 1
yc. The rnn.ry 10 The hi e rest point of ana
proht o siockLoldsrs
The future policy OF the Sorthern Pacific Company
an naf
Willard and Charles b. Wright. by whom the compromise
ticket made up:
PHILADELPHIA. Sept - 1897.
Ny DEsr sra. Up to th. have had conference
with any member Of the committee on The subject o. inc
Pacific Railroad Company during the coming wear therefore
last Thursday were vsws OF my o-n siin thirk
EDnd e iulu c'oos TO BRING into the board individuals
ieir,.e sea. Of The uno9 r.es people have 20. mani
the efforts have made TO bring about harnonons
netnE In think can do more
Ia,s very desirable thai TIE relations s4.tpg
selves and Other eorporaon west Of tho oeSy Mountains
aud vii gladly JON YOU m iae effort -- .,-,.
ratsaciorv result better by becoming member o. tbs
northern Pacific Board al the approaching eeetIon am on
opportunity deal fhess conflicting interest. ana wl
II yoa sa &c sesPt Tue s p 90 my
AtyauI eoeaence would be ve1y pleased to bar from
NEw.YoHK scvi. Is. 1887.
G.
have duly resolved sincerely obliged
o your favor OF the 1th met
As the past ready Interests - the
Norfbera Pacific COMPANY the best Of ability have
ned financial operations
whlrh undert taking for my German friends MAKE
sci. With corporation oiieal
capacity Hu hardly decline 10 serve The Northera
r.ene FOR The particular purpose Tor which ySH rsnne. nv
union az that. yon cay,
can 10 mo 10 ~ ready
endravers ih.t direction As say that
gladly In the effort feel confident that
satisfactory souuon wil he readily found am persuaded
jOiut o. the Oregon ISi
W. and NaViF
Northern comp&nss doubly glad trsrcfore 20
principle also u favor
OF H. Yours very truly. tSgned.) H. WILLARD